On the other hand, he says expensive markets like Toronto and Vancouver have "hit a wall." When it comes to the type of property, he notes that single-family home sales are outperforming condominium sales. The latest RPS-Wahi Home Price Index revealed that weak condo demand in major cities, such as Toronto and Vancouver, is dragging down Canada's housing market. It found that the condo market recorded a 6 per cent drop in prices compared to the same period last year. He says these rental apartments also add pressure to the condo market because young professionals with decent salaries may find them more attractive than a condo.