?EUR??,,????'??The May sales number seems a bit too good to be true, especially in view of the wide confidence intervals around these statistics,?EUR??,,????'?? NAHB Chief Economist David Seiders said. ?EUR??,,????'??We don?EUR??,,????'???t think the cooling process for housing is over yet, and we wouldn?EUR??,,????'???t be surprised to see a downward revision to May?EUR??,,????'???s numbers as well as some decline in coming months.?EUR??,,????'??

Three out of four regions posted gains in the Census figures for new-home sales in May. The South had the strongest gain, of 6 percent, followed by the West?EUR??,,????'???s 5.3 percent increase and the Midwest?EUR??,,????'???s 2.7 percent gain. Sales fell nearly 8 percent in the Northeast.