Canada Used-Vehicle Sales Fall 6.9% in August as Demand Softens
Bitget2026/10/15 13:17- Canadian used-vehicle sales fell 6.9% month over month to 258,202 in August 2026 as affordability pressures weakened demand.
- Inventory rose 18.9% from July to its highest level this year, increasing the likelihood of a fall price correction.
- The average listing price slipped 0.3% month over month to $30,776, showing limited pricing pressure despite rising supply.
- Year-over-year sales declined 6.6%, while average listing prices fell 2.7%.
- Used electric-vehicle prices dropped 1.8% month over month and 5.4% year over year as inventory reached a yearly high.
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