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                                   EXHIBIT 24
 
        KAUFMAN AND BROAD HOME CORPORATION AND CONSOLIDATED SUBSIDIARIES
 
                        CONSENT OF INDEPENDENT AUDITORS
 
To the Board of Directors and
Stockholders of
Kaufman and Broad Home Corporation
 
     We consent to the incorporation by reference in the Registration Statements
on Form S-8 pertaining to the 1986 Stock Option Plan (No. 33-11692), the 1988
Employee Stock Plan (No. 33-28624) and the Registration Statement on Form S-3
(No. 333-14977), as amended, of Kaufman and Broad Home Corporation of our report
dated January 2, 1998 with respect to the consolidated financial statements of
Kaufman and Broad Home Corporation included in the Annual Report (Form 10-K) for
the year ended November 30, 1997.
 
                                                               ERNST & YOUNG LLP
Los Angeles, California
February 26, 1998