The real estate company lost US$38 million for the quarter
Vacancy rate hit a 14-year high in the Greater Toronto Area
By the end of 2020, sales reached a pace not seen in 14 years
The 2020 pace still surpassed 2019, despite the pandemic
2020 was also a record year
A record number of Toronto homes priced over $3 million sold last year
The second wave of Covid-19 restrictions have so far not hampered real estate sales
The asset manager is offering US$5.9 billion to acquire the remaining stake in the real estate firm
Canada's real estate market is on pace for an annual sales record
The forecast comes after a year when the real estate market defied expectations