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

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

To cause the price of something to decrease. I'm worried that having that dilapidated old building right next door has driven my house price down.
See also: down, drive, price

drive a price down

Fig. to force the price of something down. The lack of buyers drove the price down. The lack of buyers drove down the price.
See also: down, drive, price
References in periodicals archive ?
However, it is unclear whether the Welsh Government has been able to drive the price down even further.
The larger inflatable businesses with more cash flow may try to continuously drive the price down, eliminating their profits or actually causing them to lose money, in an effort to drive you out of business.
One said: "Announcing poor financial results we all expect will definitely drive the price down, which is not what Yeung wants.
We should be able to drive the price down given Bolton's position.
It's also being asked to suggest a ban on sale blocking, where site owners stop residents selling as they hope to drive the price down and pick up the property cheaply.
"That will drive the price down; the carbon price will come down over time and everybody else who's developing low-carbon solutions will look to do it at a better price than the lowest carbon capture price to be in business.
The large selling order definitely will drive the price down. It is interesting to note that in both cases, large amount of securities are going to be sold, none of which in connection to the company performing badly.
This would put more allowances in the market, which would theoretically drive the price down.
Over the next few years, demand for wireless VoIP handsets in corporate environments is likely to drive the price down, allowing more districts to consider using the devices.
This would immediately drive the price down and lead to a spiral of uptake.
A spokesperson for TOT said that the start price will be the THB6.5bn agreed with Siemens in December, but it believes that competition will drive the price down. The companies will all bid for each of the three locations that the project to install 565,000 new telephone lines will cover, with the lowest price for each location being chosen, reports Dow Jones.
What essentially goes on in this dance is this: The customer initially tries to buy an item at the lowest possible price; some will even go so far as to damage the item in some way in order to drive the price down and get an additional discount on stuff that is already heavily discounted.
free-for-all, and you loaded more fixtures into those slots, you would have racecourses competing to sell their pictures and data, and that would drive the price down. We would get the product cheaper."
She added that the surge will likely be short-lived because, as soon as the success begins to register at retail, competition will increase and again drive the price down below a reasonable margin for the quality that Capel handles.
Supplies of seeds and other inputs are available, and the government takes care to see that grain brought in to forestall hunger in a drought is not allowed to flood the market and drive the price down for a farmer's first post-drought crop.