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Rouse Analytics: OLVs and FLVs Decline in December

February 04, 2013, 07:15 AM
Filed Under: Rental News

December OLV index values for used equipment across the fourteen major rental category indices tracked by Rouse decreased 0.4% from November values. For the six months ending December 31st, 2012, average index values decreased 1.1%. Three out of fourteen category indices recorded one-month value increases ranging from 0.5% for Rolling Compaction Equipment to 1.8% for Generators.

December auction sales of rental & construction equipment tracked by Rouse averaged 0.5% lower than Rouse November FLV values. Rouse recorded 3,465 units that sold at 30 separate auction sales conducted across North America. The units represented a combined FLV (as of November 30th) of $96.4 million and generated $95.9 million of gross auction proceeds.

During October, achieved rental rates increased 0.3% on average for the rental companies participating in the Rouse Analytics Rental Metrics Benchmark Service. Rates increased 7.0% relative to October 2011. Rouse Analytics calculates rate change weighted by prior period activity in accordance with the ARA Rental Market Metrics standard.

View the full January 2013 Rouse Rental Report.

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