<ARTICLE>                   5
<LEGEND>
                            THIS SCHEDULE CONTAINS SUMMARY FINANCIAL
                            INFORMATION EXTRACTED FROM THE CONSOLIDATED
                            BALANCE SHEET AS OF DECEMER 31, 1994 AND THE
                            CONSOLIDATED STATEMENT OF EARNINGS FOR THE SIX
                            MONTHS ENDED DECEMBER 31, 1994 AND IS QUALIFIED IN
                            ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
                            STATEMENTS.
<MULTIPLIER>                                                  1,000
<CURRENCY>                                             U.S. DOLLARS
<FISCAL-YEAR-END>                                       JUN-30-1995
<PERIOD-START>                                          JUL-01-1994
<PERIOD-END>                                            DEC-31-1994
<PERIOD-TYPE>                                                 6-MOS
<EXCHANGE-RATE>                                                   1
<CASH>                                                        5,053
<SECURITIES>                                                      0
<RECEIVABLES>                                                 8,688
<ALLOWANCES>                                                      0
<INVENTORY>                                                 763,293
<CURRENT-ASSETS>                                                  0
<PP&E>                                                       38,430
<DEPRECIATION>                                               15,228
<TOTAL-ASSETS>                                              840,376
<CURRENT-LIABILITIES>                                             0
<BONDS>                                                     445,672
<COMMON>                                                         16
<PREFERRED-MANDATORY>                                             0
<PREFERRED>                                                       0
<OTHER-SE>                                                  212,785
<TOTAL-LIABILITY-AND-EQUITY>                                840,376
<SALES>                                                     337,851
<TOTAL-REVENUES>                                            338,940
<CGS>                                                       271,279
<TOTAL-COSTS>                                               271,300
<OTHER-EXPENSES>                                             49,307
<LOSS-PROVISION>                                                  0
<INTEREST-EXPENSE>                                                0
<INCOME-PRETAX>                                              18,333
<INCOME-TAX>                                                  6,417
<INCOME-CONTINUING>                                          11,916
<DISCONTINUED>                                                    0
<EXTRAORDINARY>                                                   0
<CHANGES>                                                         0
<NET-INCOME>                                                 11,916
<EPS-PRIMARY>                                                  0.79
<EPS-DILUTED>                                                     0