Hamptons Home Prices Set Record on Jump in $5 Million Deals

  • Average price for vacation getaways rises 16% to $2.38 million
  • `I don’t think the stock market really impeded' buyers: broker

Home prices in New York’s Hamptons reached an all-time high in the fourth quarter, as buyers in the eastern Long Island resort towns made a record number of deals for at least $5 million.

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