Investing.com - U.S. homebuilding rose in August, according to data released on Wednesday.
Housing starts increased 9.2% to a seasonally adjusted annual rate of 1.282 million units last month, the Commerce Department said.
Economists had forecast housing starts rising to a pace of 1.235 million units last month.
Building permits fell 5.7% to a rate of 1.229 million units in August.
Economists had forecast building permits decreasing to a pace of 1.310 million units last month.