There was “minimal change” in pricing activity for the Canadian wholesale vehicle market last week, as the market continued to show moderate movement, according to Canadian Black Book.

The company’s Market Insights report for the first week of November showed the overall wholesale market depreciating 0.36%, compared to a 0.32% decline the prior week. The average for the same week during 2017-2019 was a decline of 0.29%, CBB said.

For car segments, price depreciation grew from 0.33% to 0.39%, while truck and SUV segments fell 0.35% the week ending Nov. 7, compared to 0.31% the prior week, according to the report.

Subcompact cars had the biggest drop among car segments (1.16%), followed by midsize cars (down 0.94%). Minivans led the truck declines (down 1.17%), with midsize crossovers/SUVs next at 0.95%.

Just under 64% of segments have changes more than $100, CBB said.

“Auction inventory continues to hold at high levels, though upstream channels continue to receive priority access. Demand for high -quality vehicles remains strong on both sides of the border,” the company said.