Is there more to this breakup?

I've been seeing a sweet guy for about a month and yesterday he broke it off with me saying he was too busy for a relationship at the moment (his parents confirmed it and they love me so they wouldn't lie for him). Then he said "I don't know what I want, I'm still not over _ex_ completely yet. I still dream about her and I getting back together." So does that mean that he thought he'd try to be with me but then realized he didn't want to? He said we could probably try later on in the summer when he isn't so busy.
Is there more to this breakup?
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