Bloomberg Office availability in central London is at its highest level in more than 15 years, the latest sign of how the pandemic-driven shift to remote working is upending demand for the commercial property. Availability was close to 31 million square feet in August 2022, according to real-estate data and information company CoStar. That’s the equivalent of about 60 Gherkin ...

  Bloomberg The average reservation wage, or the lowest pay level that Americans would be willing to accept for a new job, rose by 5.7% from a year earlier to $72,873 in July, according to the latest labour-market survey by the Federal Reserve Bank of New York, as soaring prices change the calculus for workers. The self-reported reservation wage has ...

  Bloomberg Swedish home construction is falling amid what may be the sharpest drop in house prices since the global financial crisis. In the first six months of this year, the number of housing starts dropped by 11% compared with the year-ago period, data from Statistics Sweden showed. The data comes as Sweden’s broader housing market is showing clear signs ...