The July Rouse Value Index™ for used equipment prices decreased to 45.7, down 0.2% from June values. This is 5.5% higher than the prior peak period of 43.3 in April 2007, and 53.9% higher than prior trough period of 29.7 in June 2009. The Rouse Value Index™ measures the average Orderly Liquidation Values for benchmark models across fourteen major rental category indices on a monthly basis.

July auction sales of rental and construction equipment tracked by Rouse averaged 0.8% higher than Rouse June FLV values. Rouse recorded 1,943 units that sold at 19 separate auction sales conducted across North America. The units represented a combined FLV (as of June 30th) of $49.6 million and generated $50.0 million of gross auction proceeds.

To read the full August 2014 Rouse Rental Report, click here.