Since you already bought at the last bottom I would hold the house. Living there is cheaper than renting. If you need to move up to a new neighborhood, rent there first (and rent out your property)

The ideal situation (if you have the downpayment outside your current home equity) would be to buy in the move up neighborhood (I guess that’s CV for you) sometime in the next 2-3 years, while keeping the old property. This is a buy low, never sell strategy, and although not as potentially lucrative as a buy low/sell high it is much easier to get it right (your timing has to be correct fewer times in your life).