Auction Sales Drop 2.9% In August

August auction sales of rental and construction equipment averaged 2.9% lower than July values, according to the September Rouse Rental Report.

Rouse recorded 2,987 units that sold at 24 separate auction sales conducted across North America. The units represented a combined forced liquidation value (FLV) of $77.7 million (as of July 31) and generated $75.5 million of gross auction proceeds.