Wholesale market is stabilizing, based on last week's activity.

Auction inventory increased last week, conversion rates were high, and depreciation slowed.

Auction business resumed a more normal pace after the holidays last week.

Holiday week brings reduced wholesale auction activity.

Typical late-year wholesale price depreciation was a tad under the prepandemic average.

Stability appears to be taking shape in the wholesale market, as both online and-person bidding proves healthy.

The wholesale market reflected seasonal normals last week.

Market watcher reports that declines were under prepandemic averages last week.

Seasonal wholesale depreciation was in line with prepandemic levels last week.

The overall wholesale market experienced more depreciation last week.