Wholesale vehicle prices in Canada continued to decline last week, though at a slightly less steep rate than the week before, with most segments showing less than a $100 change.

Sales rates, however, showed much more volatility.

That’s according to the latest Market Insights report from Canadian Black Book, which said that overall values were down 0.25% last week. That compares to a 0.30% dip the prior week and the 2017-2019 average of 0.28%.

Car segment values fell 0.23%, compared to a 0.21% drop the prior week and a 0.28% average decline for the 2017-2019 time frame, CBB said.  Trucks and SUVs were down 0.26% after a 0.37% slowdown the week before. The 2017-2019 average movement was also a drop of 0.28%.

Only one segment (small pickups, up 0.12% or $38) of the 22 included in CBB’s data showed an increase in value last week.

Just four showed a decrease of more than $100: full-size pickups (down 0.65% or $242), full-size crossovers/SUVs (down 0.39% or $161), prestige luxury cars (down 0.23% or $148) and sporty cars (down 0.41% or $116).

So, while only about 18% of segments showed changes of more than $100, the was more variance when it came to auction sales rates. Those averaged 22.1% for the week but ranged from 7.2% to 64.4%, CBB said.

“Sales rates across auction lanes have shown ongoing fluctuations, influenced by economic uncertainty, political factors, and sellers maintaining firm floor prices,” CBB said.

“Nonetheless, supply levels have increased; however, upstream channels still have priority sale access to inventory,” it added. “Demand for inventory and high-quality vehicles at auctions on both sides of the border persists.”