As home prices rise, foreign interest in U.S. real estate flags

Florida metros make up six of top 10 destinations

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A decline in the international share of overall house hunters in the second quarter indicates that rising U.S. home prices may be putting off foreign buyers, according to a report from real estate search and marketing site Trulia.

The report is based on all home searches on Trulia between April 1, 2012 to June 30, 2012. The share of foreign searches on Trulia fell nearly 10 percent year over year in the second quarter, with the fastest appreciating markets seeing the biggest declines in foreign interest, according to Trulia.