Rouse Rental Reports Fifth Consecutive Decline in Used Equipment Prices | Construction News

The November 2015 edition of the Rouse Rental Report has been releases, offering information on equipment values, what rental companies are buying and selling, analysis of auction and retail fleet sale recoveries, and key performance metrics from the top rental companies in the industry.

In the report, the October Rouse Value Index for used equipment prices showed a decrease to 45.0, down 0.6% from September values. This follows five consecutive months of declines primarily driven by weaker recoveries observed in auction transactions. While there has been some softness into the second half of 2015, the October Rouse Value Index remains 4.0% higher than the prior peak period of 43.3 in April 2007 and 51.7% higher than the prior trough period of 29.7 in June 2009.

October auction sales of rental & construction equipment tracked by Rouse averaged 5.1% lower than Rouse September FLV values.

During August, achieved rental rates as measured by the Rouse Rate Index increased 0.2% on average for the rental companies participating in the Rouse Analytics Rental Metrics Benchmark Service.