Although the latest Resident Evil live-action film was titled The Final Chapter, it won’t be the end of the series’ time in theaters.
Variety reports that Constantin Film (the company behind the current series) will reboot the franchise with another film, though the company hasn’t shared details regarding the film’s director, stars, or whether it would fit in with the rest of the series. Previous films were directed by Paul W.S. Anderson and starred Mila Jovovich, both of who were hyping up The Final Chapter as just that before its release.
This should not be confused with Resident Evil: Vendetta, which is part of the CG film series and more closely ties into timeline of the video games.
I think few would argue the live-action films needed a break (to say the least) after one decent movie and a slew of okay-to-terrible ones. Considering the games are moving in a new direction, it makes sense for the films to follow suit.