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 ?
This aACAynew oil' has flooded the market and driven the price down and this is where Opec suggests that an answer to how to build a stable price has to be found.
Warmer weather and a temporary supply deal between Russia and Ukraine has driven the price down to its lowest since October 2010, at 41.
The credit crunch has driven the price down by pounds 104 A DAY since he bought the 200mph supercar.
Gaza residents say this is because the quality of diesel smuggled through the tunnels from Egypt is low, which has driven the price down.
There had been vague talk about a bid for Sema, but the shares had barely started to recover from the bursting of the technology bubble earlier in 2000, which had driven the price down to 285p last Christmas from a peak of over pounds 18.