Dear brothers....there is no use for waiting for the next generation city till 4th quarter 2016......i got my evolved version on 30 Oct, 2014 and the dealer told me that they have imported the Evolved City Spares from India and Thailand and there is no plan of launch of next generation city for another 2 years. He however said that Honda Atlas would only launch a facelift of Civic in 2015.
So go buy a City/XLI/GLI whatever kind of car u want...if u have money right now........n if u need time to gather money then better wait for 2016.......Honda has given u an excuse....lol 
And by the way car prices of both Honda and Toyota are expected to increase in Jan, 2015.........(Rumour)