<ARTICLE>                     5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE LENNAR
CORPORATION UNAUDITED CONSOLIDATED CONDENSED BALANCE SHEETS AND STATEMENTS OF
EARNINGS FOR THE THREE MONTHS ENDED FEBRUARY 28, 1998 AND FEBRUARY 28, 1997
(RESTATED FOR DISCONTINUED OPERATIONS) AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>                                   1,000
       
                                                        
<PERIOD-TYPE>                   3-MOS                         3-MOS
<FISCAL-YEAR-END>                           NOV-30-1998                  NOV-30-1997  
<PERIOD-END>                                FEB-28-1998                  FEB-28-1997  
<CASH>                                      53,110                       19,969       
<SECURITIES>                                0                            0            
<RECEIVABLES>                               18,776                       47,421       
<ALLOWANCES>                                0                            0            
<INVENTORY>                                 952,394                      750,139      
<CURRENT-ASSETS>                            1,024,280                    817,529      
<PP&E>                                      18,639                       270,294      
<DEPRECIATION>                              9,978                        43,923       
<TOTAL-ASSETS>                              1,534,113                    1,845,234    
<CURRENT-LIABILITIES>                       219,903                      186,472      
<BONDS>                                     809,258                      920,445      
<PREFERRED-MANDATORY>                       0                            0            
<PREFERRED>                                 0                            0            
<COMMON>                                    5,336                        3,599        
<OTHER-SE>                                  451,965                      711,675      
<TOTAL-LIABILITY-AND-EQUITY>                1,534,113                    1,845,234    
<SALES>                                     393,826                      196,949      
<TOTAL-REVENUES>                            440,712                      232,455      
<CGS>                                       314,470                      161,041      
<TOTAL-COSTS>                               323,360                      166,008      
<OTHER-EXPENSES>                            79,730                       46,511       
<LOSS-PROVISION>                            0                            0            
<INTEREST-EXPENSE>                         10,617                        3,854        
<INCOME-PRETAX>                             27,005                       16,082       
<INCOME-TAX>                                10,802                       6,272        
<INCOME-CONTINUING>                         16,203                       9,810        
<DISCONTINUED>                              0                            9,617        
<EXTRAORDINARY>                             0                            0            
<CHANGES>                                   0                            0            
<NET-INCOME>                                16,203                       19,427       
<EPS-PRIMARY>                               0.30<F1>                     0.54<F1>     
<EPS-DILUTED>                               0.30                         0.54
        
<FN>                                                                     
F1 - REPRESENTS BASIC EPS
</FN>