LAWRENCEVILLE, Ga. -

During the week that closed during the middle of the Labor Day weekend holiday, Black Book noticed that 15 of the 22 vehicle segments that analysts track generated gains in wholesale values.

And with two regions trying to rebound from Hurricane Ida, Black Book doesn’t see prices making a major decline anytime soon.

“Wholesale prices are expected to continue to trend upward as new and used inventory remains constrained in addition to the damages of Hurricane Ida that caused catastrophic flooding in Louisiana and in the Northeast last week,” Black Book said in its newest Market Insights released on Wednesday.

“Sales rates declined slightly last week, as sellers held firm to floors,” Black Book continued in the report. “However, heading into this week, we are expecting improved sales rates as dealers prepare for increased demand as a result of the flooding in Louisiana and the Northeast due to Hurricane Ida.”

Looking closer at the pricing data, Black Book indicated that on a volume-weighted basis overall car values ticked up 0.18% since five of the nine segments moved higher.

Midsize cars led the way with a rise of 0.60%, according to the report, which also mentioned that prices for compact cars ticked up 0.12%, representing an increase for the third week in a row.

Also of note in the car space, Black Book said near luxury cars stopped a streak of nine straight weeks of value declines with prices for those models rising 0.12%, as well.

Meanwhile, among trucks, analysts said their volume-weighted data showed overall truck segment values dipped just 0.02% last week, barely a fraction of the previous week’s decline of 0.14%.

Black Book said values for full-size trucks softened 0.51%.

Conversely, analysts pointed out that values for full-size vans increased another 1.25%, adding to the stretch of 31 of the past 32 weeks when prices for those commercial workhorses increased by an average 0.55%.