Tag: OSB

Led by OSB, Lumber Products Now Add Nearly $30K to the Price of a New Home, $92 to Rent

Led by OSB, Lumber Products Now Add Nearly $30K to the Price of a New Home, $92 to Rent

Changes in prices for softwood lumber products that occurred between April 17, 2020 and July 8, 2021 have added $29,833 to the price of an average new single-family home, and $9,990 to the market value of an average new multifamily home, according to NAHB’s latest estimates. The increase in multifamily value, in turn, translates to households paying $92 a month more to rent a new apartment.

Continue Reading »

OSB Prices Have Skyrocketed More than 500% Since January 2020

Filed in Advocacy, Housing Affordability, Material Costs by on July 15, 2021 4 Comments
OSB Prices Have Skyrocketed More than 500% Since January 2020

Framing lumber prices garnered more attention than any other building material over the past year as prices quadrupled between April 2020 and May 2021. But even as lumber prices decline, the spotlight on lumber continues to crowd out the story of meteoric price increases of another wood product integral to the integrity of a building’s structure — oriented strand board (OSB).

Continue Reading »

Cost of Building Materials is on the Rise

Filed in Economics by on April 14, 2017 8 Comments
Cost of Building Materials is on the Rise

Prices of softwood lumber, gypsum, ready-mix concrete, and OSB all rose for the second consecutive month, according to the latest Producer Price Index (PPI) released on April 13 by the Bureau of Labor Statistics. Softwood lumber and OSB experienced the largest price increases.

Continue Reading »

Building Materials Prices Rise in February

Filed in Economics by on March 15, 2017 3 Comments
Building Materials Prices Rise in February

The cost of building homes is going up.

The latest Producer Price Index release by the Bureau of Labor Statistics shows that prices of softwood lumber, gypsum, ready-mix concrete and OSB all rose in February. The increases were led by gypsum products, with softwood lumber a close second.

Continue Reading »

Key Building Materials Prices Far Surpassed Inflation in 2016

Filed in Economics by on January 27, 2017 2 Comments
Key Building Materials Prices Far Surpassed Inflation in 2016

Softwood lumber, oriented strand board (OSB), ready-mix concrete and gypsum products all posted price changes in 2016 well above the 1.3% average for the Consumer Price Index, according to the latest Producer Price index released by the Bureau of Labor Statistics.

Continue Reading »

Building Materials Prices Move Lower in March

Filed in Economics by on April 22, 2015 3 Comments
Building Materials Prices Move Lower in March

The Bureau of Labor Statistics (BLS) recently released the Producer Price Indexes (PPI) for March, and the report was good news with respect to building materials, as prices for gypsum and wood products declined.

Continue Reading »

What’s Up With Materials Prices? Gypsum, for One.

Filed in Economics by on October 20, 2014 3 Comments
What’s Up With Materials Prices? Gypsum, for One.

The latest government report shows that gypsum wholesale prices edged 0.1% lower in September from the previous month and are down from the most recent February peak. However, prices won’t stay this way for long.

Continue Reading »