The recovery in the U.S. housing market has fizzled due to higher mortgage rates, which are taking a toll on builder confidence and consumer demand. Sam Khater, Freddie Mac’s chief economist said that several factors, including shifts in inflation, the job market and uncertainty around the Federal Reserve’s next move, are contributing to the highest mortgage rates and pulling back homebuyer demand. Invesco Dynamic Building & Construction ETF has amassed assets worth $199.9 million and sees a lower volume of roughly 53,000 shares per day on average.