bid up
Advanced (C1)formal
To make something cost more money by bidding higher and higher amounts.
"Overseas buyers bid up the price of the apartment far beyond what local residents could afford."
Hear it in context

Australia May Have Just Solved The Housing Crisis
Economics Explained · 5:36
bid up the price of the same old houses.

Investment Analyst Reacts to Finance TikToks - Prediction Markets and More
The Plain Bagel · 8:56
contract and bid up the price so that now

Sir Keir Starmer is fighting to stay on as prime minister as the pressure mounts | BBC News
BBC News · 9:38
that helps bid up mortgage costs for fixed-rate mortgages.

Trump Says $8 Gas WORTH IT For Iran War
Breaking Points · 5:50
they bid up prices and our oil is going to flow

Howard Marks: AI, Debt vs Equity & The Next 40 Years Of Investing | Nikhil Kamath | WTF is Finance?
Nikhil Kamath · 56:04
and they like it a lot and have bid up the price,