<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEET AS OF JUNE 30, 1999 AND THE CONSOLIDATED STATEMENT OF INCOME FOR THE SIX MONTHS THEN ENDED OF M/I SCHOTTENSTEIN HOMES, INC. AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> JUN-30-1999 <CASH> 12,898 <SECURITIES> 0 <RECEIVABLES> 39,715 <ALLOWANCES> 0 <INVENTORY> 409,101 <CURRENT-ASSETS> 461,714 <PP&E> 25,557 <DEPRECIATION> 5,782 <TOTAL-ASSETS> 506,944 <CURRENT-LIABILITIES> 111,828 <BONDS> 11,731 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 88 <OTHER-SE> 183,587 <TOTAL-LIABILITY-AND-EQUITY> 506,944 <SALES> 353,432 <TOTAL-REVENUES> 362,337 <CGS> 281,801 <TOTAL-COSTS> 281,801 <OTHER-EXPENSES> 43,677 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 6,708 <INCOME-PRETAX> 30,151 <INCOME-TAX> 11,911 <INCOME-CONTINUING> 18,240 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 18,240 <EPS-BASIC> 2.07 <EPS-DILUTED> 2.05