Hamptons Home Sales Drop Most on Record, Prices Decline
May 22 (Bloomberg) -- Bloomberg's Su Keenan reports on the housing market in the Hamptons of Long Island, New York. Sales have declined the most in the 27 years that broker Town & Country Real Estate has kept records for the Long Island beach towns about 100 miles east of Manhattan. The first-quarter median price fell 23.5 percent from a year earlier to $675,000, according to Miller Samuel.
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