<ARTICLE>                                   5
<LEGEND>  
                  THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
                  FROM THE  CONSOLIDATED  BALANCE SHEET AS OF SEPTEMBER 30, 1995
                  AND THE  CONSOLIDATED  STATEMENT  OF  EARNINGS  FOR THE  THREE
                  MONTHS  ENDED  SEPTEMBER  30,  1995  AND IS  QUALIFIED  IN ITS
                  ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>                                1,000
<CURRENCY>                                  U.S. DOLLARS
                      
                      
<PERIOD-TYPE>            3-MOS
<FISCAL-YEAR-END>                           JUN-30-1996
<PERIOD-START>                              JUL-01-1995
<PERIOD-END>                                SEP-30-1995
<EXCHANGE-RATE>                                       1
<CASH>                                           29,934
<SECURITIES>                                          0
<RECEIVABLES>                                    18,850
<ALLOWANCES>                                          0
<INVENTORY>                                     868,195
<CURRENT-ASSETS>                                      0
<PP&E>                                           48,919
<DEPRECIATION>                                   19,137
<TOTAL-ASSETS>                                  979,213
<CURRENT-LIABILITIES>                                 0
<BONDS>                                         492,668
<COMMON>                                             17
<PREFERRED-MANDATORY>                                 0
<PREFERRED>                                           0
<OTHER-SE>                                      280,741
<TOTAL-LIABILITY-AND-EQUITY>                    979,213
<SALES>                                         205,345
<TOTAL-REVENUES>                                206,318
<CGS>                                           166,980
<TOTAL-COSTS>                                   166,992
<OTHER-EXPENSES>                                 29,274
<LOSS-PROVISION>                                      0
<INTEREST-EXPENSE>                                    0
<INCOME-PRETAX>                                  10,052
<INCOME-TAX>                                      3,518
<INCOME-CONTINUING>                               6,534
<DISCONTINUED>                                        0
<EXTRAORDINARY>                                       0
<CHANGES>                                             0
<NET-INCOME>                                      6,534
<EPS-PRIMARY>                                       .39
<EPS-DILUTED>                                         0