<ARTICLE> 5 <LEGEND> This schedule contains Summary Financial Information extracted from NVR Inc.'s consolidated financial statements included in Form 10-Q for the three months ended March 31, 1997 and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000906163 <NAME> NVR, INC. <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <EXCHANGE-RATE> 1 <CASH> 57,259 <SECURITIES> 0 <RECEIVABLES> 5,902 <ALLOWANCES> 0 <INVENTORY> 170,727 <CURRENT-ASSETS> 0 <PP&E> 18,472 <DEPRECIATION> 0 <TOTAL-ASSETS> 498,833 <CURRENT-LIABILITIES> 0 <BONDS> 120,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 156,009 <OTHER-SE> (21,337) <TOTAL-LIABILITY-AND-EQUITY> 498,833 <SALES> 238,987 <TOTAL-REVENUES> 245,754 <CGS> 207,469 <TOTAL-COSTS> 228,592 <OTHER-EXPENSES> 1,885<F1> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 4,447 <INCOME-PRETAX> 10,830 <INCOME-TAX> 5,067 <INCOME-CONTINUING> 5,763 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,763 <EPS-PRIMARY> 0.42 <EPS-DILUTED> 0.42 <FN> <F1>Item represents the non-cash amortization of excess reorganization value. </FN>