The October Rouse Value Index for used equipment prices increased to 46.5, up 0.8% from September values. This is 7.4% higher than the prior peak period of 43.3 in April 2007, and 56.7% 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.

October auction sales of rental and construction equipment tracked by Rouse averaged 0.1% lower than Rouse September FLV values. Rouse recorded 2,954 units that sold at 37 separate auction sales conducted across North America. The units represented a combined FLV (as of September 30th) of $85.1 million and generated $85.0 million of gross auction proceeds.

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