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While lumber cost increases have gained a lot of attention over the past year as they quadrupled between April 2020 and May 2021, it isn’t the only building material to experience meteoric price increases recently.

As lumber costs are declining, the price of oriented strand board (OSB) has increased 510% since January 2020, according to the National Association of Home Builders. Since the start of 2020, price increases have passed 650% for some OSB products.

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