<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE LENNAR CORPORATION UNAUDITED CONSOLIDATED CONDENSED BALANCE SHEET AND STATEMENT OF EARNINGS FOR THE NINE MONTHS ENDED AUGUST 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> NOV-30-1998 <PERIOD-START> DEC-01-1997 <PERIOD-END> AUG-31-1998 <CASH> 49,372 <SECURITIES> 0 <RECEIVABLES> 28,163 <ALLOWANCES> 0 <INVENTORY> 1,308,147 <CURRENT-ASSETS> 1,385,682 <PP&E> 22,587 <DEPRECIATION> 10,730 <TOTAL-ASSETS> 1,967,546 <CURRENT-LIABILITIES> 275,700 <BONDS> 998,227 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 5,814 <OTHER-SE> 643,017 <TOTAL-LIABILITY-AND-EQUITY> 1,967,546 <SALES> 1,395,070 <TOTAL-REVENUES> 1,593,753 <CGS> 1,100,205 <TOTAL-COSTS> 1,134,751 <OTHER-EXPENSES> 294,436 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 36,443 <INCOME-PRETAX> 128,123 <INCOME-TAX> 51,249 <INCOME-CONTINUING> 76,874 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 76,874 <EPS-PRIMARY> 1.40<F1> <EPS-DILUTED> 1.37 <FN> <F1>Represents basic EPS in accordance with SFAS 128. </FN>