New Hamburg Properties: 31 Listings for Sale

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House for sale: 90 HOSTETLER Road, New Hamburg

37 photos

$549,000

90 Hostetler Road, New Hamburg, Ontario N3A 2E2

3 beds
3 baths
1 day

... one car garage, 2.5 bathrooms, and a Jack and Jill bathroom off the primary bedroom. Inside, much of the work has already been done. Fresh paint, new flooring throughout, and several additional upgrades give the home a clean, updated feel that’s ready for its next owners. But one of the best...

Listed by: Kaitlin Zimmer ,Re/max Twin City Realty Inc. (226) 505-4221
House for sale: 1814 NAFZIGER Road, New Hamburg

47 photos

$1,499,000

1814 Nafziger Road, New Hamburg, Ontario N3A 3G9

3 beds
3 baths
1 day

Welcome home to RIVERBEND - a truly one-of-a-kind riverside retreat nestled on a breathtaking 3-acre property just minutes from New Hamburg, and only 10 minutes to Kitchener-Waterloo. With over 750 feet of frontage along the Nith River, this spectacular property offers the perfect blend of...

Mike Harvey,Royal Lepage Wolle Realty
Listed by: Mike Harvey ,Royal Lepage Wolle Realty (519) 588-8088
House for sale: 5 EASTVIEW Place, New Hamburg

27 photos

$697,900

5 Eastview Place, New Hamburg, Ontario N3A 2G4

2 beds
2 baths
6 days

Welcome to 5 Eastview Place in Morningside, New Hamburg—a wonderful active adult lifestyle community where life can feel a little easier, more connected and a lot more enjoyable. This well-loved and meticulously maintained 2-bedroom, 2-bathroom home sits on a beautiful lot with no rear neighbours,

Jackie Thomas,Re/max Real Estate Centre Inc.
Listed by: Jackie Thomas ,Re/max Real Estate Centre Inc. (519) 741-0950
House for sale: 2744 BLEAMS Road, New Hamburg

47 photos

$1,100,000

2744 Bleams Road, New Hamburg, Ontario N3A 3J1

3 beds
1 baths
6 days

Have you ever dreamed of a home that invites you to slow down, put down roots and make it your own? Located in a peaceful rural setting just minutes from town, this stunning fieldstone century home sits on a beautiful one-acre lot, offering the perfect blend of country living and convenience.

Bonnie Higgins,Royal Lepage Wolle Realty
Listed by: Bonnie Higgins ,Royal Lepage Wolle Realty (519) 503-8029
House for sale: 393 HURON Street, New Hamburg

35 photos

$714,900

393 Huron Street, New Hamburg, Ontario N3A 1K5

3 beds
2 baths
7 days

Welcome home to this beautifully updated century home in the heart of New Hamburg on an oversized lot, where classic charm meets a modern twist. This open concept main floor features a stunning 2023 Kitchen with quartz counters and a coffee bar, perfect for entertaining and hosting all your

Listed by: Daniel Emerson ,International Realty Firm, Inc. (519) 589-8987
House for sale: 12 QUEEN MARY Street, New Hamburg

49 photos

$599,900

12 Queen Mary Street, New Hamburg, Ontario N3A 2C2

3 beds
3 baths
7 days

Open House SAT SEPT 26 2-4PM & SUN SEPT 27 2-4PM Charm and character with modern updates in this classic, yellow brick family home backing onto forested greenspace in New Hamburg. You will appreciate the attention to detail and the preservation of the quality of construction the minute you

Row / Townhouse for sale: 362 FAIRVIEW Street Unit# 110, New Hamburg

48 photos

$899,900

362 Fairview Street Unit# 110, New Hamburg, Ontario N3A 1M2

2 beds
4 baths
7 days

A rare opportunity to experience refined luxury in an extraordinary riverfront setting. Tucked away on a private cul-de-sac overlooking the Nith River and Scott Park, this exceptional Riverbend Brownstone Condo is one of just 14 exclusive executive townhomes and one of the original four units.

House for sale: 25 THIMBLEBERRY Crossing, New Hamburg

39 photos

$834,900

25 Thimbleberry Crossing, New Hamburg, Ontario N3A 4P4

2 beds
2 baths
14 days

Welcome to 25 Thimbleberry Crossing in Stonecroft. This custom Rosedale model offers an appealing opportunity to enjoy bungalow living at a more accessible price point in Stonecroft. Well maintained and thoughtfully finished, the home features a double garage and a beautifully landscaped lot

Daniel Lambkin,Peak Realty Ltd.
Listed by: Daniel Lambkin ,Peak Realty Ltd. (519) 722-5561
House for sale: 246 JACOB Street, New Hamburg

40 photos

$537,500

246 Jacob Street, New Hamburg, Ontario N3A 1B9

3 beds
2 baths
15 days

Charming 3 bedroom yellow brick home on a nice street close to the downtown core. Priced for action, this 1,700 square foot home would benefit your sweat equity. Built in 1910, a lot of the original woodwork is still present and in good condition. Owned by the current family since 1973 and

House for sale: 1177 PERTH Street, New Hamburg

49 photos

$1,995,000

1177 Perth Street, New Hamburg, Ontario N3A 1S1

4 beds
3 baths
20 days

Welcome to a truly special a 5 acre riverfront property offering privacy, space, and an exceptional country lifestyle just a short walk from downtown New Hamburg. Lovingly owned and cared for by the same family for 46 years. The all brick bungalow features 3 bedrooms and 2 bathrooms on the

Richard G. Steinmann,Re/max Twin City Realty Inc.
Listed by: Richard G. Steinmann ,Re/max Twin City Realty Inc. (519) 572-1110
House for sale: 56 SMITH'S CREEK Drive, New Hamburg

47 photos

$899,800

56 Smith's Creek Drive, New Hamburg, Ontario N3A 0B3

5 beds
4 baths
22 days

Beautifully updated 3+2 bedroom home on a quiet street in a desirable New Hamburg neighborhood, offering country-style living with easy access to top schools, shops, and amenities! Freshly painted, the main level boasts an open-concept design with high ceilings, a cozy gas fireplace, large

Vanessa Evinou,Keller Williams Edge Realty
Listed by: Vanessa Evinou ,Keller Williams Edge Realty (905) 802-2425
House for sale: 10 MERNER Place, New Hamburg

50 photos

$999,900

10 Merner Place, New Hamburg, Ontario N3A 1Z6

4 beds
3 baths
22 days

... natural light. A rough-in for a future bathroom offers the opportunity to further enhance this already versatile level. Outside is where this property really shines. Enjoy summer evenings on the two-tiered deck beneath the GAZEBO, while the POWERED SHED provides convenient storage or workspace &...

Bonnie Bender,Re/max Solid Gold Realty (ii) Ltd.
Listed by: Bonnie Bender ,Re/max Solid Gold Realty (ii) Ltd. (519) 778-0110
House for sale: 122 BIER Crescent, New Hamburg

48 photos

$799,900

122 Bier Crescent, New Hamburg, Ontario N3A 1Y4

3 beds
3 baths
28 days

Welcome to 122 Bier Crescent, tucked away on a quiet, family-friendly street in New Hamburg and within walking distance to local schools. This well-maintained and updated two-storey home offers 3 bedrooms, 3 bathrooms and a fully finished basement, providing plenty of space for the whole family.

Jon Lambert,Re/max Twin City Realty Inc.
Listed by: Jon Lambert ,Re/max Twin City Realty Inc. (519) 885-0200
Row / Townhouse for sale: 250 HOSTETLER Road Unit# 7, New Hamburg

44 photos

$699,900

250 Hostetler Road Unit# 7, New Hamburg, Ontario N3A 0E4

3 beds
3 baths
28 days

This 2013 bungalow townhome is ideal for those looking for low-maintenance living backing onto green space! The covered front porch is a welcoming entry, or come through the wheelchair lift in the garage (protecting you from the weather). Both lead into a spacious foyer and into the open concept

Emily Jones,Keller Williams Edge Realty
Listed by: Emily Jones ,Keller Williams Edge Realty (289) 259-7863
House for sale: 171 HOSTETLER Road, New Hamburg

47 photos

$1,089,000

171 Hostetler Road, New Hamburg, Ontario N3A 0B2

3 beds
3 baths
30 days

Welcome to this beautifully maintained Euro Homes bungalow, custom-built in 2012 and tucked into a quiet New Hamburg neighbourhood. Offering easy main-floor living with plenty of room to spread out, this home makes a great first impression. A large covered front porch leads into a spacious

House for sale: 249 THEODORE SCHULER Boulevard, New Hamburg

45 photos

$935,000

249 Theodore Schuler Boulevard, New Hamburg, Ontario N3A 4N6

4 beds
4 baths
34 days

Renovated top to bottom, this breathtaking 2-storey residence in New Hamburg offers an exceptional blend of modern sophistication and executive luxury. From the moment you arrive, the pristine concrete driveway and stamped concrete front porch set an inviting tone for the exquisite craftsman

Tanya Namink,Re/max Solid Gold Realty (ii) Ltd.
Listed by: Tanya Namink ,Re/max Solid Gold Realty (ii) Ltd. (519) 807-0422
House for sale: 15 SHEPHARD Place, New Hamburg

49 photos

$1,199,900

15 Shephard Place, New Hamburg, Ontario N3A 2E4

4 beds
3 baths
43 days

Welcome to this beautifully maintained bungalow situated on a just over 1/2-acre landscaped lot in one of New Hamburg's most sought-after neighbourhoods. Offering exceptional space, versatility, and a prime location just 15 minutes to Kitchener and 20 minutes to Stratford, this home is perfect

Ruth Aho,Re/max Twin City Realty Inc.
Listed by: Ruth Aho ,Re/max Twin City Realty Inc. (519) 885-0200
House for sale: 92 SHEPHARD Place, New Hamburg

40 photos

$1,299,000

92 Shephard Place, New Hamburg, Ontario N3A 2E4

2 beds
3 baths
51 days

Welcome to this well-maintained brick bungalow in a quiet, sought-after neighbourhood in New Hamburg. Offering 2 bedrooms, and 3 bath, the spacious primary suite features an updated ensuite with a walk-in shower. A versatile den is ideal as a home office or dining room. The open great room

House for sale: 13 LEWIS Street, New Hamburg

50 photos

$649,900

13 Lewis Street, New Hamburg, Ontario N3A 1P5

3 beds
2 baths
52 days

Welcome to this well cared for solid all-brick bungalow nestled on a lovely dead end street! This property is in a desirable mature area with a large size side yard in addition to fenced rear yard, while being close to all the amenities in the delightful town of New Hamburg! There is an open

Listed by: Karmen Hell ,Red And White Realty Inc. (519) 634-9641
Modular for sale: 1652 PUDDICOMBE Road Unit# 422, New Hamburg

35 photos

$67,500

1652 Puddicombe Road Unit# 422, New Hamburg, Ontario N3A 2Z4

1 beds
1 baths
55 days

Great Mobile Home Updated Throughout In 2021 In A Great Family Park Just Outside Of New Hamburg With Secured Access Gate. This Park Has Two Sections. One Is A Six Month Stay, The Other Is A Nine Month Stay. If You Stay For Six Months Or Less You Only Pay For Six Months. If You Stay Longer Than

John Teixeira,Re/max Real Estate Centre Inc.
Listed by: John Teixeira ,Re/max Real Estate Centre Inc. (519) 651-7763
1635 SANDHILLS Road, New Hamburg

49 photos

$3,198,888

1635 Sandhills Road, New Hamburg, Ontario N3A 3B2

4 beds
4 baths
84 days

Welcome to 1635 Sandhills Road—where the address says it all and resort-style living begins. This is a once-in-a-lifetime opportunity to own an extraordinary 10-acre equestrian estate just 10 minutes from Kitchener. Offering the feel of a private luxury retreat, this spectacular property

Listed by: Ryan Westcott ,Keller Williams Innovation Realty (519) 503-0550
House for sale: 1635 SANDHILLS Road, New Hamburg

50 photos

$3,198,888

1635 Sandhills Road, New Hamburg, Ontario N3A 3B2

4 beds
4 baths
89 days

Welcome to 1635 Sandhills Road—where the address says it all and resort-style living begins. This is a once-in-a-lifetime opportunity to own an extraordinary 10-acre equestrian estate just 10 minutes from Kitchener. Offering the feel of a private luxury retreat, this spectacular property

Listed by: Ryan Westcott ,Keller Williams Innovation Realty (519) 503-0550
House for sale: 1814 NAFZIGER Road, New Hamburg

47 photos

$1,499,000

1814 Nafziger Road, New Hamburg, Ontario N3A 3G9

3 beds
3 baths
94 days

Welcome home to “RIVERBEND” — a truly one-of-a-kind riverside retreat nestled on a breathtaking 3-acre property just minutes from New Hamburg, and only 10 minutes to Kitchener-Waterloo. With over 750 feet of frontage along the Nith River, this spectacular property offers the perfect blend

Mike Harvey,Royal Lepage Wolle Realty
Listed by: Mike Harvey ,Royal Lepage Wolle Realty (519) 588-8088
House for sale: 2430 BETHEL Road, New Hamburg

50 photos

$1,890,000

2430 Bethel Road, New Hamburg, Ontario N3A 2X7

3 beds
3 baths
97 days

Nestled on a picturesque south-facing 25-acre property, this well-appointed sidesplit home is surrounded by a beautiful maple sugar bush, making it ideal for maple syrup production and enjoying the beauty of country living. Attractive stone accents on the front of the home create impressive

Row / Townhouse for sale: 127 CATHERINE Street, New Hamburg

32 photos

$676,020

127 Catherine Street, New Hamburg, Ontario N3A 2A3

3 beds
3 baths
101 days

QUICK CLOSINGS AVAILABLE (move-in and avoid occupancy fees!). Welcome to New Hamburg's latest townhouse development, Cassel Crossing! Featuring the quality now under construction traditional street front townhouse The Park 3 bed layout interior unit by a local builder. PICK YOUR FINISHES WHILE...

Row / Townhouse for sale: 109 CATHERINE Street, New Hamburg

32 photos

$700,800

109 Catherine Street, New Hamburg, Ontario N3A 2A3

4 beds
3 baths
101 days

MOVE-IN THIS YEAR!!! Welcome to New Hamburg's latest townhouse development, Cassel Crossing! Featuring the quality now under construction traditional street front townhouse The Preserve 4 bed layout end unit with sunshine basement by a local builder. PICK YOUR FINISHES WHILE YOU CAN; quartz

Row / Townhouse for sale: 111 CATHERINE Street, New Hamburg

30 photos

$683,100

111 Catherine Street, New Hamburg, Ontario N3A 2A3

3 beds
3 baths
101 days

MOVE-IN THIS YEAR!!! Welcome to New Hamburg's latest townhouse development, Cassel Crossing! Featuring the quality now under construction traditional street front townhouse The Park 3 bed layout interior unit with sunshine basement by a local builder. PICK YOUR FINISHES WHILE YOU CAN; quartz

Row / Townhouse for sale: 113 CATHERINE Street, New Hamburg

30 photos

$683,100

113 Catherine Street, New Hamburg, Ontario N3A 2A3

3 beds
3 baths
101 days

MOVE-IN THIS YEAR!!! Welcome to New Hamburg's latest townhouse development, Cassel Crossing! Featuring the quality now under construction traditional street front townhouse The Park 3 bed layout interior unit with sunshine basement by a local builder. PICK YOUR FINISHES WHILE YOU CAN; quartz

Row / Townhouse for sale: 80-502 HINCKS Street, New Hamburg

4 photos

$658,320

80-502 Hincks Street, New Hamburg, Ontario N3A 2A3

3 beds
3 baths
101 days

Welcome to New Hamburg's latest townhouse development, Cassel Crossing! Featuring the quality to-be-built 3 bed, 2.5 bath back-to-back townhouse The Wilmot interior unit by a local builder. Features include; quartz countertops throughout, lower / main floor luxury vinyl plank, balcony, 9ft

Row / Townhouse for sale: 80-501 HINCKS Street, New Hamburg

4 photos

$676,020

80-501 Hincks Street, New Hamburg, Ontario N3A 2A3

3 beds
3 baths
101 days

Welcome to New Hamburg's latest townhouse development, Cassel Crossing! Featuring the quality to-be-built 3 bed, 2.5 bath back-to-back townhouse The Waterwheel end unit by a local builder. Features include; quartz countertops throughout, lower / main floor luxury vinyl plank, balcony, 9ft lower

Row / Townhouse for sale: 125 CATHERINE Street, New Hamburg

32 photos

$676,020

125 Catherine Street, New Hamburg, Ontario N3A 2A3

3 beds
3 baths
101 days

QUICK CLOSINGS AVAILABLE (move-in and avoid occupancy fees!). Welcome to New Hamburg's latest townhouse development, Cassel Crossing! Featuring the quality now under construction traditional street front townhouse The Park 3 bed layout interior unit by a local builder. PICK YOUR FINISHES WHILE

Home Prices in New Hamburg

In 2025, New Hamburg Real Estate reflects a small-town market anchored by detached properties, walkable main-street conveniences, and rural edges that appeal to buyers looking for space and a quieter pace. Home prices are influenced by lot size, renovation quality, and proximity to daily amenities, with character homes and newer builds each drawing interest for different reasons.

Without focusing on short-term swings, local buyers and sellers tend to watch the balance between new listings and active inventory, the mix of detached and multi-unit properties, and days-on-market trends that signal whether conditions favour negotiation or quicker decisions. Observing New Hamburg Market Trends alongside property condition, presentation, and seasonal timing helps buyers and sellers set realistic expectations, while financing confidence and comparable sales also play a role.

Find Real Estate & MLS® Listings in New Hamburg

Browse MLS® listings to see what is currently available and how different property styles compare in layout and finish; these New Hamburg Real Estate Listings show current supply and asking prices. There are 25 active listings in New Hamburg, including 8 houses, 0 condos, and 0 townhouses. Inventory is represented across local neighbourhoods and established streets as well as newer pockets. Listing data is refreshed regularly.

Use filters to focus your search by price range, number of bedrooms and bathrooms, lot size, parking options, and outdoor spaces. Review photo galleries, floor plans, and room dimensions to understand flow and renovation potential, then compare recent activity to gauge how competitively a home is positioned. Saving favourites and revisiting updated listings can help you shortlist New Hamburg Homes For Sale or New Hamburg Houses For Sale that best fit your needs.

Neighbourhoods & amenities

New Hamburg offers a mix of quiet residential streets near schools, parks, and community facilities, along with pockets closer to shops, dining, and everyday services. Riverside greenspace and trail access appeal to buyers prioritizing recreation and scenic surroundings, while proximity to commuter routes supports those who need an efficient drive to regional employment hubs. These location factors often shape buyer preferences, with walkability, yard size, and garage or workshop space serving as key value signals when comparing similar homes across New Hamburg Neighborhoods.

Rental availability includes 2 properties at the moment: 1 house and 1 apartment. This provides options for those exploring the community before buying or seeking flexibility while monitoring new listings.

New Hamburg City Guide

Nestled along the Nith River in southwestern Ontario, New Hamburg balances small-town warmth with easy access to big-city conveniences. This New Hamburg city guide gives you a clear picture of the community's roots, daily rhythms, and practical considerations, from commuting to climate. Whether you're considering living in New Hamburg, planning a slower-paced weekend, or exploring how to Buy a House in New Hamburg, you'll find a village feel, friendly streets, and a downtown that rewards unhurried exploring.

History & Background

New Hamburg's story is shaped by the river that runs through it. Early settlement clustered around mills, woodworking shops, and farm supply depots, using the steady flow of water to power enterprise and connect rural households with services. As agriculture matured, a compact main street grew into a social and commercial hub, with brick storefronts, churches, and public halls reflecting the craftsmanship of the era. Much of that heritage charm still frames the town today, seen in restored façades, a walkable core, and seasonal fairs that celebrate local producers and community spirit. Around the region you'll also find towns like Waterloo that share historical ties and amenities. Community traditions have remained resilient, from classic car gatherings at the fairgrounds to summertime concerts in the park, yet the town is also firmly part of the modern economy through its connection to the broader Waterloo Region. That mix—rooted, friendly, yet outward-looking—continues to attract families, entrepreneurs, and long-time residents who value continuity as much as change.

Economy & Employment

Local employment reflects a healthy blend of small business, trades, and service roles, alongside easy commuting into nearby urban centres. In town, you'll find a backbone of owner-operated shops, cafés, salons, and professional services, as well as building trades that support steady residential growth and renovation. Agriculture remains a quiet powerhouse in the surrounding countryside, with agri-food processing, greenhouses, and farm-supply operations contributing to year-round activity. Light manufacturing and warehousing make use of regional highways, while hospitality sees boosts from seasonal events and day trips. Many residents commute to technology, finance, education, and healthcare roles in the Kitchener-Waterloo area, or to advanced manufacturing and arts-related employment toward Stratford. Remote and hybrid work patterns have added another layer of flexibility, allowing people to live in a calmer setting without losing connection to metropolitan job markets and making it easier for some to Buy a House in New Hamburg. For entrepreneurs, the market rewards practical services—everything from home improvement and landscaping to childcare and wellness—while those with specialized skills often plug into regional business networks and post-secondary institutions for contracts, training, or collaboration.

Neighbourhoods & Lifestyle

New Hamburg's neighbourhoods offer a satisfying range of living options, from character-filled streets near the river to newer subdivisions designed with families in mind. The historic core features century homes, front porches, and mature trees, with quick access to cafés, bakeries, and the library—ideal for those who like to park the car and stroll. Post-war pockets add bungalows and side-splits on wider lots, while contemporary developments introduce townhomes and two-storey detached houses arranged around crescents and small parks. Green space is a signature feature throughout town: riverside paths, ball diamonds, playgrounds, and community gardens keep weekends relaxed and close to home. Local culture leans welcoming and hands-on—think farmers' stands, artisan markets, service clubs, and seasonal fairs where friendly chats and volunteerism are part of the routine. Neighbourhood-hopping is easy with nearby communities like Baden and Petersburg. Fitness-minded residents use multi-use trails and arenas in the area, while food lovers enjoy everything from homestyle diners to contemporary kitchens spotlighting regional ingredients. In short, daily life is unhurried yet connected, with enough amenities to stay local most days and a short drive to larger centres when you want specialty shopping or a night out.

Getting Around

Day-to-day travel in New Hamburg is straightforward and largely car-friendly, with the town laid out on a tidy grid and crescents that make local drives quick. A nearby highway links you efficiently to Kitchener-Waterloo and Stratford for work, college or university visits, and bigger-box errands, while the nearest intercity rail and coach connections are reached in the region's larger cities. Walking is practical in the compact downtown and along riverside paths, and cyclists appreciate calmer residential streets, though rural roads require visibility gear and caution. Conventional public transit within the town is limited, but regional options, carpooling, and rideshare fill many gaps for commuters and students. For broader commuting and day trips, consider close-by hubs such as Wilmot Township and Mannheim. Winter driving can mean slower travel during storms, but road crews are accustomed to seasonal routines, and most services remain accessible. Parking is generally uncomplicated at shops and parks, making last-minute errands or spur-of-the-moment takeout runs easy.

Climate & Seasons

Expect a classic southwestern Ontario four-season rhythm. Spring arrives with greening fields and rising river levels, a time for rubber boots on trails and the first outdoor markets of the year. Summer brings warm days ideal for picnics by the water, evening walks through the historic core, ball games, and music in the park; it's also when shade, sunscreen, and refillable water bottles become everyday companions. Autumn is harvest time, with farm stands piled high, brilliant foliage along country roads, and community fairs that showcase local handiwork and baked goods. Winter transforms the town into a quieter landscape of snow-lined streets, evening skates, and cozy cafés; sidewalks and main routes are maintained, though residents still plan extra time for travel on stormy days. Across all seasons, dress in layers, keep an eye on weather forecasts around the river, and make the most of indoor recreation facilities when temperatures swing. The year-round appeal lies in variety: slow mornings, outdoor routines, and a dependable calendar of small-town gatherings that mark the passage of time in friendly, familiar ways.

Nearby Cities

Home buyers in New Hamburg can explore neighboring communities to compare housing styles and local amenities; consider Flamborough, Greensville, Dundas, Burlington, and Waterdown.

Visiting these communities and reviewing available listings can help you determine which area best matches your lifestyle and priorities.

Demographics

New Hamburg is home to a broad mix of residents, including family households, retirees seeking a quieter pace, and professionals who commute to nearby centres. The town has a close-knit, small-town-suburban character with local schools, parks, and everyday services that support family life and community connections—making it a practical place to consider when you look for New Hamburg Homes For Sale or decide to Buy a House in New Hamburg.

Housing options typically include detached single-family homes alongside townhouses, low-rise condominiums and rental units that provide choices for different needs. The overall lifestyle leans suburban with rural edges, offering access to green space and local amenities while remaining connected to larger urban areas; prospective buyers can also find New Hamburg Condos For Sale as part of the broader Ontario Real Estate New Hamburg market.