Sell something in order to buy something similar but less expensive.
‘this house is ideal for someone thinking of trading down’
‘This is fine for people who want to sell up and trade down in the market, but is frustrating for home owners who want to move up the housing ladder.’
‘First-time buyers were drawn by the two and three-bedroom townhouses while many of the larger three-beds were sold to couples trading up.’
‘Fancy selling your home and trading up to a larger, plusher pad in the near future?’
‘Some homeowners have even traded down from more expensive abodes to less pricey dwellings.’
‘However, older users have not been left out - they are also being encouraged to trade up to more expensive phones too!’
‘But given the limited living space in many modern houses and apartments, as well as the expense of extending or trading up, it is becoming a more practical option for many home owners.’
‘The recent rise in house prices has also been fueled to some degree by existing homeowners trading up to bigger and more expensive homes.’
‘At just $1 more than the most expensive manual brushes, they figured many consumers would trade up.’
‘People who are trading up will also probably have a decent deposit and a track record in managing a mortgage.’
‘There has been a definite trend towards premium branding, with consumers trading up to upmarket foods.’
Are You Learning English? Here Are Our Top English Tips