(Bloomberg) — Home prices in New York’s Hamptons jumped to a seven-year high in the fourth quarter, with sales of more than $1 million surging as wealthy buyers bolster demand for vacation properties in the resort towns. The median price of all homes sold in the quarter was $975,000, a 27 percent increase from a year earlier and the highest since 2007, according to report Thursday by brokerage Douglas Elliman Real Estate and...
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