The June Rouse Value Index™ for used equipment prices decreased to 46.4, down 0.8% from May values, primarily driven by weaker recoveries observed in auction transactions during the months of May and June. While there has been some softness in the first several months of 2015, the Rouse Value Index™ remains 7.1% higher than the prior peak period of 43.3 in April 2007, and 56.2% higher than prior peak period of 43.3 in April 2007, and 56.2% higher than prior trough period of 29.7 in June 2009.
The July 2015 issue of the Rouse Rental Report can be viewed as a PDF file by clicking here.