House for Sale in America
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Concerns over potential housing bubble in the US

28 May 2013 Last updated at 09:33 BST

The crash in the US housing market back in 2008 led to one of the biggest worldwide recessions.

The market's recovery is being closely watched, and is seen as a key factor in overall global economic health. Although the signs are improving, there is also evidence of a potential bubble.

The BBC's Samira Hussain reports from Brooklyn, New York, one area where home prices are soaring.