LAWRENCEVILLE, Ga. -

Two wholesale market trends are continuing to gain momentum, according to the latest Black Book Market Insights report.

Analysts pinpointed the momentum’s source: Dealers are passing on a growing number of vehicles in the lanes, and it's pressuring prices to soften.

“Values of car and truck segments declined at a similar rate last week. The no-sale rate at auto auctions continues to be high as buyers push down prices,” Black Book executive vice president of operations Anil Goyal said in the latest report.

Based on volume-weighted data, Black Book determined overall car segment values decreased by 0.53% last week. That’s slightly higher than the four-week average of 0.48%.

Analysts noticed values of sub-compact cars declined the most, sliding by 1.08% or $62.

Again according to volume-weighted information, Black Book indicated overall truck segment values (including pickups, SUVs, and vans) dropped by the same amounts as cars last week — 0.53%. That’s also a bit above the four-week average in the truck space of 0.41%

In the truck arena, analysts spotted values of small pickups decreasing the most, dropping by 1.23% or $200.

Furthermore, anecdotes from Black Book representatives stationed at nearly 60 sales nationwide reinforced how analysts arrived at the overall price movements. The rundown includes:

— From Illinois: “Overall, the volume of vehicles consigned at the auction was good, and the lower priced vehicles sold OK.”

— From Indiana: “Lots of buyers looking to buy at discount. Nice vehicles and trucks remain scarce.”

— From Florida: “The captive financial vehicles sold well, but everything else was a challenge, especially the dealer consigned vehicles.”

— From Georgia: “Values continue to come down as no-sales go up.”