![High-end real estate hit hardest by price declines High-end real estate hit hardest by price declines](https://image.cnbcfm.com/api/v1/image/107129182-16649068771664906875-25821960896-1080pnbcnews.jpg?v=1664907799&w=1920&h=1080)
CNBC’s Robert Frank joins ‘The Exchange’ to explain how luxury real estate is impacting the housing market, why Manhattan is less sensitive to changes in mortgage rates and the trend of declines in buyer demand.
02:40
Tue, Oct 4 20222:23 PM EDT
CNBC’s Robert Frank joins ‘The Exchange’ to explain how luxury real estate is impacting the housing market, why Manhattan is less sensitive to changes in mortgage rates and the trend of declines in buyer demand.
02:40
Tue, Oct 4 20222:23 PM EDT