Ritchie Bros. drives hot pricing in Houston with US$56 million equipment auction 12,000 bidders from 58 countries competed for 4,000 items in the June 15 16, 2021 auction HOUSTON , June 18, 2021 |CNW| - Ritchie Bros . June Houston, TX auction saw a 30% increase in both gross transaction value and bidder registrations year over year. The two-day unreserved auction attracted 12,000 bidders and generated US$56 million in GTV. "Our marketplaces continue to drive record-breaking demand, with online equipment views per lot for our Houston auction up 84% from our June 2020 event," said Alan McVicker , Regional Sales Manager, Ritchie Bros . "This unprecedented demand is driving strong pricing across all equipment categories. In this week''s Houston sale, we saw particularly hot pricing for truck tractors and vocational trucks. We also achieved great returns for a package of 65 pipelayers, despite the volatility in that industry. We encourage consignors to contact us today to take advantage of this 2021 seller''s market." Approximately 87 percent of the equipment in the Houston auction was purchased by U.S. buyers, including 52% sold to Texas buyers, while international buyers from as far away as Australia , Vietnam , and the United Kingdom purchased the remaining 13 percent.