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 ?
In 2012, several cranberry farmers filed a complaint claiming that Ocean Spray violated federal antitrust law by driving down the price paid for cranberries produced by certain growers.
However, following a masterclass in driving down the price, she may just be able to bag herself a bargain.
Proponents of the bill argue that, by eliminating prison terms for growing these products, the market would be flooded by the drugs, driving down the price and reducing the incentive for farmers to grow them.
When the Spanish FIT was lowered after September 2008, a PV supply glut resulted, driving down the price of solar panels and lowering profits throughout the industry.
This alternative uptick rule is designed to restrict short selling from further driving down the price of a stock that has dropped more than 10 per cent in one day.
They accused Tesco of driving down the price of cheap chickens and other meat products which, they claim, has forced factories to employ low paid migrant workers in an attempt to cut costs.
When a drug's patent expires, cheaper copies are allowed on the market, driving down the price.
A buyer initiates reverse auctions by distributing purchasing specifications, such as requests for quotes, and suppliers compete against each other in Web-based, real-time auctions to win the buyer's business, driving down the price in the process.
AUTO X CHANGE, Ireland's Leading Used Car Supermarket, has been driving down the price of nearly New and Used cars in Ireland for almost five years now.
The argument was that most Canadian lumber is harvested on government-owned land, at what they say are artificially low prices, driving down the price below market value.
You need to know that there are people out there who hope to make large amounts of money by driving down the price of our stock.
Open standards are driving down the price of technology making it more accessible to SMEs
The Fund could easily be raised by cutting subsidies for fossil fuels and nuclear energy, to install solar photovoltaic equipment around the planet, thereby driving down the price and creating a mass market for a clean fuel technology.
As Synvisc's limitations became increasingly obvious to them, the individual defendants determined to cash out their investments but wanted to do so without driving down the price of their shares in the process.