MagikMe Equipment June 2022 Market Report

The June 2022 MagikMe Equipment Market Report was just released. Notable updates include:

• Construction auction activity rebounded. After taking a dip last month, auction activity rose 98.2% compared to April.
• Lift/access equipment prices continue to rise. Average FMV approached $34,000, the highest level seen in the past two years.
• Agriculture equipment is also surpassing its previous peak. Average FMV was up by 21.3% over May 2021, reaching nearly $45,000.

As inflation and supply chain issues persist, buyer optimism is beginning to wane. These monthly reports allow you to keep up with how the market shifts in the face of uncertainty and disruption.

Download the full report here.