Bloomberg U.K. housing activity may cool in the coming months after the rush to beat a tax increase boosted the market in the first quarter, though prices should continue to rise, Nationwide Building Society said. The average price of a home rose 0.2 percent to 204,368 pounds ($296,000) in May, matching the pace in April, the lender said on ...

  Bloomberg Hot housing markets in Vancouver and Toronto prompted Bank of Nova Scotia to ease off on mortgage lending in those cities, Chief Executive Officer Brian Porter said. “We’re a little concerned about housing prices in the greater Vancouver area and Toronto,” Porter, 58, said in an interview on Bloomberg TV Canada. “We just took our foot off the ...

  Bloomberg The U.S. Supreme Court gave landowners a new avenue to challenge some federal regulatory decisions affecting their property rights, in a case that three conservative justices said raised troubling questions about government overreach. The 8-0 ruling said landowners can go straight to court after federal regulators decide that a piece of property containing wetlands is covered by the ...