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Luxury home sales jump in New York's Hamptons

Residential sales in the Long Island villages of East Hampton, Southampton and Bridgehampton came roaring back in the second quarter from a lacklustre period a year ago.

New York

LUXURY property sales in the Hamptons, New York's weekend haven for the wealthy, are on the upswing thanks to a buoyant stock market, with four closings over the US$20 million mark in the three months ended June compared to none last year, real estate data show.

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