drive down a/the/(something's) price

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drive down a/the/(something's) price

To cause the price of something to decrease. I'm worried that having that dilapidated old building right next door has driven down my house price.
See also: down, drive, price
References in periodicals archive ?
They say that ahead of the purchase season, wineries wish to drive down the price on the pretext of having plenty of wine stocks.
By creating an independent collaborative with a manufacturer, the intent is to drive down the price of LED product offerings to independent retailers.
The club added: "As well as lowering the price of home tickets, Newcastle United have continued to drive down the price of away tickets, with the average price of an away ticket so far this season just PS30 for adults and PS12 for juniors.
Canada has a problem other countries sanctioning Iran do not have; it is a major oil exporter and Iran's return to unconstrained oil exports may drive down the price of oil and hurt its economy.
For example, improved technology in oil and gas production has helped drive down the price of gasoline and other fuels, and lower gasoline prices spell less demand for biodiesel.
If you were to ask anyone within the livestock farming community I suspect they would say that at the root of the problem is the constant pressure to drive down the price of food at the supermarket.
The real focus is to drive down the price of apps, not to get any revenue," he said.
However, it also may be used improperly to drive down the price of a security or to accelerate a declining market in a security.
Pharmaceuticals: Chinese pharmaceuticals could drive down the price of generic drugs.
That's a simple example, but it enables us to do many more things, and with a VIN number we can know things such as if a vehicle has automatic seat belts, which can drive down the price for customers"
Goodman said supermarkets had helped drive down the price of consumer electronics in the past year.
Shares in the firm dropped yesterday in a reported "bear raid" - when traders attempt to drive down the price of shares - after rumours its plant at Seal Sands will not be operational until later this year.
In order to make various e-learning content more broadly accessible (and thereby drive down the price for users), both METI and the e-Learning Consortium (eLC), a Japan industry group with over 100 corporate members, have been instrumental in bringing international SCORM content specifications to Japan.
This was because Mr Kerry had promised extra legislation to help drive down the price of medicines and fulfil an election pledge to make healthcare cheaper.