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 is the first transaction to bring pure parametric Turkey earthquake risk to the market, and investor demand drove the price down to a record low.
We actually went into contract at $275,000, but then the appraisal came in real low at $245,000, so that drove the price down and we settled at $260,000.
On-course the supposed second string opened at 10-1 and 8-1 but a flood of money drove the price down to 3-1.
Speculative and fund selling on Friday drove the price down to a $4600 low at which level the market closed for a week's loss of $140 per tonne.
Lettuce production remained level over the past two years, but as with celery, increased production in other areas drove the price down.
If the sales drove the price down, that would reduce the performance of the S&P 500 by more than it reduced the performance of that manager.