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 ?
I doubt Toto knows his contractual status and I guess he is trying to drive the price down on Nico a little bit.
If there was a buying club and they felt Liverpool would sell, they will take advantage and try to drive the price down," he added.
If a shareholder wanted to sell 250,000 shares on the open market, selling them piecemeal over the course of days and weeks could put pressure on the stock and drive the price down.
It was expected any approach from Madrid would come after the end of the Confederations Cup but so far nothing has materialised and the fear is the Spanish giants will leave it late in the window in order to drive the price down.
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.
The short sellers aim to pocket the difference in the two prices and it is therefore in their interest to drive the price down.
The large selling order definitely will drive the price down.
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.