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The Irish Mule

For a St. Paddy’s take on the classic Moscow Mule, try this refreshing and easy cocktail! 

Ingredients:

  • 2 oz. Irish whiskey
  • 1 oz. Lime juice (Half a lime)
  • Approx. 3 oz. ginger beer
  • ½ cup of ice
  • Fresh mint sprig for garnish

Instructions:

Fill a glass tumbler (or copper mug) with ice, then pour in 2 oz. of Irish whiskey. Juice half a lime (approx. 1 oz.) directly into the glass. Fill the glass with ginger beer and stir to mix everything together. For extra aromatic effect, add a fresh mint sprig. Enjoy!

Recipe & Photo courtesy of vinepair.com

Market Update

The February market was very active in Canmore with 45 sales, up from 21 sales in January and also significantly up from February 2019 which saw a total of 30 sales. The average sale price in February was $693,940 which is up only marginally from last year’s February average of $687,875. The majority of sales activity last month were below $860,000, with only 5 sales transacting above that amount. With only 3 sales over $1,000,000 and the highest sale at $1,950,000, the luxury end of the market is quiet at present. With concerns over the coronavirus and the oil price war, we’re likely to see a continued slowdown in absorption of luxury homes in Canmore. Hotel condos or Tourist zoned properties, that allow for short term rental accounted for 18% of the market share in February. 

There were a total of 83 new listings brought to market in February, which helps out with the low inventory numbers we’ve had for an extended time period. Our current listing inventory is sitting at 225 properties, 29 of which are fractional ownership or hotel condo properties. 

MARKET UPDATE

The market in December 2019 was slightly stronger than the previous year, both in sales volume and average sale price. This past month saw 20 sales with an average sale price of $657,305 compared to December 2018’s total of 17 sales with an average sale price of $624,712. The upper end of the market was very quiet last month, with only one sale above $1,000,000. This was a tourist zoned (short term rental or full time usage) penthouse property at Spring Creek that sold for $1,120,000. There were only 6 sales in Canmore over $700,000 last month, with the $600,000 – $700,000 sector of the market being a very active range for sales.

There was a total of 29 new listings that came to market in December 2019, which is very close to the previous December’s new listing total of 31 properties.

Our current inventory in Canmore is very low, with only 186 properties properties for sale, 22 of which are fractional ownership or hotel condo properties. Although absorption is a bit slow at the moment, this is a good time to list your property for sale and there is such limited inventory in most sectors of the market.

MARKET UPDATE

November 2019 was down in volume from last year, with 9 fewer sales for the month than in 2018. There were also far fewer sales in the upper end of the market last month than the year previous, resulting in a substantially lower average sale price. This November, Canmore had only 2 sales above $1,000,000 including one South Canmore home sale over $2,000,000. The average sale price of property in Canmore last month was $664,971. In November 2018, there were 10 sales over $1,000,000, including 2 sales over $2,000,000, which resulted in an unusually high average sale price of $812,086.

New listings for the month of November 2019 were a total of 50, which is on par with the last November’s new listings total of 51.

The current number of listings on the market in Canmore are 201 properties.

CRANBERRY OLD FASHIONED

This Cranberry Old Fashioned is a delicious and beautiful cocktail recipe to celebrate the holiday season.
Servings: 1 cocktail | prep time: 5 mins

INGREDIENTS
3 ounces quality bourbon whiskey
1 ounce cranberry simple syrup*
3 shakes Angostura bitters
Garnish with orange peel, Ocean Spray® Fresh Cranberries, and rosemary

INSTRUCTIONS
In a serving glass with ice, stir together the bourbon, cranberry simple syrup, and bitters.
Garnish with orange peel, fresh cranberries, and rosemary.

RECIPE NOTES
*Cranberry Simple Syrup – In a saucepan, bring 2 cups of water, 1 cup of sugar, and one cup of fresh cranberries to a boil. Once boiling, cook for 4-5 minutes. Strain with a fine mesh sieve. Cool before serving.

Recipe & photo courtesy of: inspiredbycharm.com