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 ?
California's system also drives down the price dairy farmers elsewhere get for milk used in cheese by about 50 cents per 100 pounds, Hughes said in a telephone interview.
States take California milk subsidy to Supreme Court
The same debate has raged over agricultural commodities for years; farmers often claim that futures speculation drives down the price of the crop, while futures traders claim crop performance drives the price of the futures.
Futures shock
Across the freight transportation industry, fuel surcharges are expected to fall, as a moderating economy drives down the price of crude oil.
Fitch: U.S. Surface Transportation Freight Demand to Moderate in 2007
As more products become Internet-enabled and as Linux drives down the price of portable communications, Internet appliances, hand-held computers, multimedia digital products and others, ISDCorp's Royal Linux for ARM core-based processors will accelerate their availability," Wald concluded.
ISDCorp Announces Strategic Agreement With ARM to Deliver Royal Linux for ARM Cores
This flood, in turn, drives down the prices of fattening fare such as prepackaged snacks, ready-to-eat meals, fast food, corn-fed beef and pork, and soft drinks.
The fat of the land: do agricultural subsidies foster poor health?
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