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Rouse Analytics: February OLVs and Auction Values Rise

April 01, 2013, 07:05 AM
Filed Under: Rental News

February OLV index values for used equipment across the fourteen major rental category indices tracked by Rouse increased 0.5% from January values. For the six months ending February 28th, 2013, average index values increased 0.4%. Eight out of fourteen category indices recorded one-month value increases ranging from 0.1% for Rolling Compaction Equipment to 3.4% for Articulating Boom Aerial Work Platforms.

February auction sales of rental & construction equipment tracked by Rouse averaged 1.6% higher than Rouse January FLV values. Rouse recorded 5,480 units that sold at 25 separate auction sales conducted across North America. The units represented a combined FLV (as of January 31st) of $192.4 million and generated $195.4 million of gross auction proceeds.

During December, achieved rental rates decreased 0.2% on average for the rental companies participating in the Rouse Analytics Rental Metrics Benchmark Service. Rates increased 7.0% relative to December 2011. Rouse Analytics calculates rate change weighted by prior period activity in accordance with the ARA Rental Market Metrics™ standard.

Read the full March 2013 Rouse Rental Report.

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