After a slight increase the week before, car segment prices in the Canadian wholesale vehicle market were once again on the downward path and declines in the overall market grew steeper, getting back to more typical levels.

That’s according to the latest Market Insights from Canadian Black Book, which said wholesale vehicle values fell 0.19% last week after a 0.05% drop the week before.

However, that’s still less dramatic of a drop than the average for the same week of 2017-2019 (a 0.26% decline), CBB data shows.

But car segment prices had quite the turnaround.

They moved up a smidge (0.01%) the week ending Sept. 5, but dropped 0.21% last week, according to CBB. The average change for the 2017-2019 time frame was a decline of 0.27%.

Truck segment prices fell 0.17% last week after dropping 0.09% the prior week. That’s still lower than the 2017-2019 average (down 0.25%).

Among individual segments, compact cars (up 0.28%) were the only car category to grow in price, and subcompact cars (down 0.83%) showed the biggest decline.

Subcompact luxury crossovers (up 1.49%) and subcompact crossovers (0.68%) were the two truck segments showing increases. The most significant decrease was for minivans (down 0.61%).

Overall, half of the segments showed changes of more than $100.

“The Canadian market continued its downward trend, with the rate of decline returning to more typical weekly levels,” CBB said in an analysis.

The average auction sale rate was 38.1%, CBB said, with monitored rates ranging from 14.3% to 64.2%.

“These auction sale rates are influenced by seasonal trends, political conditions, and firm seller floor prices,” CBB said.

“Auction inventory has returned to regular-high levels, though upstream channels continue to receive priority access. Demand for high-quality vehicles remains strong on both sides of the border.”