U.S. Housing Starts Rose More Than Forecast in August: (Video)

Sept. 21 (Bloomberg) -- Housing starts in the U.S. increased more than forecast in August, a signal the industry is stabilizing. Builders broke ground on 598,000 homes at an annual rate, up 10.5 percent and the most since April, following a 541,000 pace in July, the Commerce Department said today in Washington. Bloomberg's Betty Liu and Michael McKee report. (Source: Bloomberg)