Stay connected with CBC Hamilton

Developer Greg Hart of Skyway Construction is selling a newly renovated home on Dundurn Street South for more than half a million after the property sat vacant for seven years. He attributes this to Hamilton's boom in housing prices. (Samantha Craggs/CBC)

Posted: Sep 3, 2013 | 7:03 AM ET

A house on Dundurn Street South sat vacant for seven years. This year, it's expected to sell for more than $500,000. This is Hamilton's hot housing market, which keeps trending upward even when other areas falter.

Patrick Araya moved to Waterdown a year ago in search of a small town atmosphere. 'What we have here, there's no possibility of getting it Brampton,' he said of his two-storey semi-detached home. Waterdown's population is expected to double in the next five years from new developments.

Posted: Sep 4, 2013 | 7:37 AM ET

Waterdown's population will double in the next five years as GTA residents, lured by cheaper housing, move into town. The result is a unique set of challenges, including traffic, a cultural divide and a lack of inexpensive places to live.

John Hawker, co-chair of Hamilton's tenant advisory committee, says the city is entering a crunch when it comes to a lack of rental units. It's caused in part, he says, by Hamilton's booming housing market. (Samantha Craggs/CBC)

Posted: Sep 5, 2013 | 7:22 AM ET

The gap between rents and mortgages is widening and potential buyers are having to stay put. And with builders seeing more profit in condos than new rental units, there are fears about what the hot market means for affordable housing.

Top Hamilton Headlines