Rental Update – 2015-Q4 in Review

2015-Q4 Rental Market in Review: A quarterly review of the rental market

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Key Report Takeaways

2015-Q4 Rental Market in Review

  • National rental rates are on the rise
  • Skid Steer Loaders were the only subtype with decreased rates.
  • Based on the trends that we saw over the past three quarters, we can likely credit increases in average rental rates to improvements in the housing market, which caused an increase in demand for heavy construction equipment.