That it was only 5 studios is pretty normal, if you consider that studios are a minority of the CCV points and declaration is about what units they can put deeds against when points sell. There are 42 dedicated studios, and another 36 studios as part of lock-off 2BRs. The declaration was another 230k points, so that should be about 2 months of sales volume. The next declaration will likely occur in June.
(It was 2 dedicated studios and 3 lock-off 2BRs in the 4/13 declaration.)