Canada Used — Vehicle Sales Fall 6.9% in August as Demand Softens

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. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. S&P Global Inc. published the original content used to generate this news brief via (Ref. ID: 202610150915BIZWIRE_USPR_____20261015_BW364092) on October 15, 2026, and is solely responsible for the information contained therein. (C)