Yes, we're still on 480 and generally won't be much higher than that for years...especially with TV broadcasting seeing as Digital does not mean HD as most of the general public seem to think.
Prediction (June 12th 2017)
Permanent pricedrop for both PS4 Slim and PS4 Pro in October.
PS4 Slim $249 (October 2017)
PS4 Pro $349 (October 2017)