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.
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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