Price tags on homes slashed

HUNDREDS of thousands of euro have been wiped off two prominent properties in Co Limerick.

The plunge in the housing market is starkly evident near Murroe where two houses – one with a cinema and the other with a gymnasium – had their asking prices severely reduced.

The price tag on one of the houses dropped from €680,000 to €499,000 and the other fell from €610,000 to €500,000.