November OLV index values for used equipment across the fourteen major rental category indices tracked by Rouse increased 0.4% from October values. For the six months ending November 30th, 2013, average index values are up 1.2%. Eight out of fourteen category indices recorded one-month value increases ranging from 0.5% for Dozers and Warehouse/Industrial Forklifts to 3.4% for Rolling Compaction Equipment.

November auction sales of rental & construction equipment tracked by Rouse averaged 0.7% higher than Rouse October FLV values. Rouse recorded 1,849 units that sold at 28 separate auction sales conducted across North America. The units represented a combined FLV (as of October 31st) of $47.9 million and generated $48.3 million of gross auction proceeds.

To read the full December 2013 Rouse Rental Report, click here.