And both of the two previous months were revised downward.

Now, that figure has been revised downward, to 30 percent.

Indeed, market participants expect that figure to be revised downward.

Sales of new homes in May were also revised downward.

There was also a sense that the January number would be revised downward.

The January figure was revised downward from the 29.6 percent advance reported last month.

The increase last December was revised downward, from the 1.9 percent originally reported.

The figure was revised downward from an estimated drop of 1.3 percent.

"To me it is hard to believe they are revising downward," he said.

The results were in line with analysts' estimates, which had been revised downward more than once.