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Rouse: January OLVs and Auction Values Decline Across All Categories

March 01, 2013, 07:15 AM
Filed Under: Rental News

January OLV index values for used equipment across the fourteen major rental category indices tracked by Rouse decreased 0.2% from December values. For the six months ending January 31st, 2013, average index values decreased 0.4%. Four out of fourteen category indices recorded one-month value increases ranging from 0.2% for Wheel Loaders to 2.3% for Hi-Reach Forklifts.

January auction sales of rental & construction equipment tracked by Rouse averaged 3.1% lower than Rouse December FLV values. Rouse recorded 1,068 units that sold at 12 separate auction sales conducted across North America. The units represented a combined FLV (as of December 31st) of $26.4 million and generated $25.5 million of gross auction proceeds.

During November, achieved rental rates increased 0.5% on average for the rental companies participating in the Rouse Analytics Rental Metrics Benchmark Service. Rates increased 7.0% relative to November 2011. Rouse Analytics calculates rate change weighted by prior period activity in accordance with the ARA Rental Market Metrics™ standard.

Rouse Analytics was founded with one purpose: to provide rental companies with unprecedented visibility into market conditions allowing them to make data-driven decisions. Rouse Analytics is the exclusive source for comprehensive benchmark reporting that provides rental companies of all sizes with a detailed analysis of where they stand relative to their peers.

Read the full Februry 2013 Rouse Rental Report.

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