Is there really a Sims 5 coming out?

Yeah pretty sure it is in development. I wouldn't be shocked if the Sims 5 is being worked on by SimGuruGrant but yes did hear that there are a few people working on something not Sims 4 related. From talk circulating within Game Changer community, it is sounding like 2-3 years from now or at least when they want it.

Videos about it:
https://www.youtube.com/watch?v=H69iOU_dG8U

https://www.youtube.com/watch?v=LmxNESriCTs