October Auction Results Up 3.1%

October auction sales of rental and construction equipment averaged 3.1 percent higher than September values, according to the November Rouse Rental Report.

Rouse recorded 3,326 units that sold at 35 separate auction sales conducted across North America. The units represented a combined forced liquidation value (FLV) of $84.0 million, as of Sept. 30, and generated $86.6 million of gross auction proceeds.