There is a cluster of whisky distilleries along the River Spey and along the A941 corridor between Craigellachie and Moray's capital of Elgin. Elgin is Moray's largest town and the site of the Elgin Cathedral. It houses about 25% of Moray's population, and is often referred to as a city despite lacking official recognition. According to a 2006 survey conducted by HBOS, Elgin has among the highest property prices of any town in Scotland.
