The way he puts it, it doesn’t sound like there is any movement or work being done on it yet, but there is still the intention to do it eventually, The Conjuring 3 is just more pressing and important for the production studio at the moment, so that’s where the focus is.
While not especially encouraging, David Leslie Johnson-McGoldrick’s comments to GameSpot keep hope alive that the reboot of A Nightmare on Elm Street is not dead.