Inflation and price CAGR

Mike, I was looking at your historical chart for the DOW Indust. Ave and the housing price chart over time. I wondered if the price has any adjustment for inflation. 3.1% inflation is considered the average rate over the last 100 years, give or take. That means there’s a doubling in price over about 20 years. Should price CAGR be adjusted for that? If so, a stock with a 3.1% CAGR is essentially flat lining.