Hampton home sales, prices down on share market jitters
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New York
OVERALL sales plunged by about half and home prices fell sharply in the second quarter in the toniest enclaves of the Hamptons, New York's weekend haunt for the wealthy, as stock market jitters earlier in the year damped the appetite to buy.
Total sales volume in East Hampton fell 53 per cent from a year ago to US$44.7 million as the median sale price fell 54 per cent to US$2.38 million, according to realtor Town & Country Real Estate.
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