trading up


The act of purchasing a property that is more expensive than the one currently owned.

Use trading up in a sentence

In other news, Widget Co. is finalizing plans for trading up into the much larger space recently vacated by Blocks, Inc.

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John saw a home that would cost substantially more than he had in equity in his current house, but he felt that it would be safe in trading up and buying the new home due to higher values in the neighborhood.

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Following her promotion from associate to partner at the law firm, the attorney and her husband looked into selling their two bedroom condominium and trading up for a four bedroom house.

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