Most people have heard that lumber prices have skyrocketed.  This year alone we have seen an increase of 275%.  In March 2020, Western Washington was paying an average of $17/sheet for ½” CDX Plywood. Today, June, if you can find ½” CDX plywood (most places are sold out) you will likely pay around $85.  That is an increase of over 475% since March 2020.  Unfortunately that means contractors are forced to absorb that cost for jobs that they bid or sold earlier this year.

Here is a good article that explains the increase and shows a chart that really showcases the crazy increase. 

Why lumber prices are spiking (By Jen A. Miller, Construction Drive)