For the most part, it was a week of price declines across the board in the Canadian wholesale vehicle market, with one segment bucking the trend.

The overall drop in prices wasn’t quite as steep as the prior week’s, at least from an overall market perspective.

That’s according to the latest Market Insights report from Canadian Black Book, which said wholesale values dropped 0.32% during the week ending Saturday.

Car prices were down 0.18% and all segments of cars were down. Trucks/SUVs fell 0.44%, but one segment (small pickups) increased (0.05%), CBB said.

The most significant decline among cars was subcompacts (down 0.58%), while full-size crossover/SUVs had the largest decline (0.67%) among trucks/SUVs.

“The Canadian market continues a downward trend, with a decline less pronounced than in its previous week. Just over 45% of market segments experienced an average value change of more than $100, virtually mirroring last week’s change,” CBB said in the analysis.

“Among these, the decline in truck segments increased by 27% compared to the week prior.”

Canada’s auction market had an average sales rate of 35.2% last week, but observations varied from 16.1% to 69.1%, CBB said, with the variance likely due to “several factors, including the ongoing gradual   decline in floor prices.”

CBB also noted that wholesale supply is climbing, even with upstream channels nabbing vehicles early. What’s more, strong wholesale demand continues, analysts said.