<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE LENNAR CORPORATION CONSOLIDATED BALANCE SHEETS AND CONSOLIDATED STATEMENTS OF EARNINGS FOR THE PERIODS INDICATED AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. PRIOR PERIOD INFORMATION HAS BEEN RESTATED FOR DISCONTINUED OPERATIONS AND FOR PRESENTATION OF EARNINGS PER SHARE IN ACCORDANCE WITH SFAS 128. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR 6-MOS <FISCAL-YEAR-END> NOV-30-1997 NOV-30-1998 <PERIOD-END> NOV-30-1997 MAY-31-1998 <CASH> 52,926 39,075 <SECURITIES> 0 0 <RECEIVABLES> 34,646 11,802 <ALLOWANCES> 0 0 <INVENTORY> 806,975 1,010,819 <CURRENT-ASSETS> 894,547 1,061,696 <PP&E> 14,861 20,254 <DEPRECIATION> 6,263 10,430 <TOTAL-ASSETS> 1,343,284 1,617,245 <CURRENT-LIABILITIES> 221,020 199,723 <BONDS> 661,695 861,101 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 5,316 5,435 <OTHER-SE> 433,683 503,518 <TOTAL-LIABILITY-AND-EQUITY> 1,343,284 1,617,245 <SALES> 1,130,989 849,558 <TOTAL-REVENUES> 1,303,082 972,818 <CGS> 907,691 672,829 <TOTAL-COSTS> 958,324 697,082 <OTHER-EXPENSES> 234,052 183,048 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 24,979 23,006 <INCOME-PRETAX> 85,727 69,682 <INCOME-TAX> 35,122 27,873 <INCOME-CONTINUING> 50,605 41,809 <DISCONTINUED> 33,826 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 84,431 41,809 <EPS-PRIMARY> 2.25<F1> 0.78<F1> <EPS-DILUTED> 2.23 0.77 <FN> <F1> REPRESENTS BASIC EPS IN ACCORDANCE WITH SFAS 128. </FN>